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Qube makes $9B bid for Asciano

Bidding war erupts over logistics player.

Andrew Duffy
Qube makes $9B bid for Asciano

About 75% of the $9.25 per share bid will be paid in cash, with the balance comprising of Qube shares. That deal represents a skinny premium to Brookfield’s $9.22 bid, which Asciano has already recommended...

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